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NEW DELHI: India’s retail inflation inched up to a three-month high of 5.6% in November from 4.9% in the previous month, while industrial production rebounded to a 16-month record of 11.7% in October, aided by a festive surge and a favorable base, official data released Tuesday showed. Interest rates are likely to stay where they […]

The post Retail Inflation At 3-Month High; Factory Activity Rebounds first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre is expecting savings of at least Rs 30,000 crore from its budgeted Rs 1.3 lakh crore assistance to states for capital expenditure in 2023-24, as the states have faltered in using the sanctioned amount, said people with knowledge of the matter. The Centre has released Rs 60,104 crore under the Special […]

The post Government Eyes Rs 30,000 Crore From Capex Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 13 December 2023 – FOMO Pay, a Singapore-based digital payment leader, has joined forces with Zand Bank, the UAE’s first digital bank, in a strategic partnership to facilitate seamless cross-border payments between the dynamic markets of Asia and the Middle East and North Africa (MENA). This collaboration aims to enhance cost-effectiveness and time efficiency in B2B cross-border transactions, providing businesses with […]

New York Modern is the leading US-based direct-to-consumer furniture brand helmed by seasoned furniture enthusiasts and specialists, boasting over two decades of combined industry experience. NY Modern is pleased to announce its Grand Opening ceremony. New York, NY, United States – December 12, 2023 /MarketersMEDIA/ — NY Modern Furniture is a US furniture brand committed to innovating and pushing the envelope in the modern furniture space. Harnessing decades […]

NEW DELHI: The Reserve Bank of India has urged the Finance Commission to consider recommending “an increased share of conditional transfers” to the state governments, based on reforms, quality of expenditure and fiscal sustainability. This, it said, would help harness healthy competition across the states, and strengthen the fiscal consolidation drive. The RBI‘s comments comes […]

The post Make More Transfers To States Conditional: RBI first appeared on Latest India news, analysis and reports on IPA Newspack.

The Indian economy is growing leaps and bounds and despite the global geopolitical challenges, the country remains a bright spot for investors globally. According to recent report by GlobalData, a total of 920 VC funding deals were announced in India during January-October 2023, registering a decline of 38.6 percent in comparison to the 1,499 VC […]

The post India Continues To Be Seen As A Bright Spot For Global Investment Opportunities first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A move by Reliance General Insurance (RGICL), a subsidiary of Reliance Capital (RCap), to transfer its 25% stake to a Hinduja group company has hit a roadblock following objections raised by the insurance regulator. In October, Hinduja group had sought Insurance Regulatory and Development Authority of India‘s (Irdai’s) permission to transfer about 25% equity […]

The post Hinduja’s Stake Transfer Plan Hits IRDAI Roadblock first appeared on Latest India news, analysis and reports on IPA Newspack.

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NEW DELHI: Government on Monday said that since 99 per cent local mobile phone market is being met through domestic manufacturing now, companies need to export by improving competitiveness and enhancing value addition, for next phase of growth. Government’s focus is now on boosting electronics component manufacturing in the country and new scheme for the […]

The post New Schemes In Works For Electronics Component Manufacturing: MeitY Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

K Raveendran GCC countries could become more vulnerable to the economic and financial impacts of physical risks from climate change over the next few decades if investments in adaptation and resilience stagnate, Standard & Poor’s said in a report. According to the report titled Sustainability Insights Research: Lost GDP: Potential Impacts Of Physical Climate Risks, on average, about 8% of the GCC region’s GDP could be at […]

Taking a dig at the ruling BJP, Samajwadi Party president Akhilesh Yadav on Monday said those who have declared themselves as number one through false propaganda should also get the elections done through the ballot paper as is done in the countries, which are number one in the world. “The BJP government is number one […]

The post Akhilesh dares BJP to hold polls through ballot paper first appeared on Latest India news, analysis and reports on IPA Newspack.

In the United Arab Emirates (UAE), online trading has become an increasingly popular avenue for both local and international investors. The growth of this sector is underpinned by robust regulatory frameworks and the emergence of diverse trading opportunities. Understanding the nuances of online trading in UAE is essential for anyone looking to navigate this dynamic market. The Landscape of Online Trading in the UAE The UAE has […]

By Nantoo Banerjee The crime in India has been recorded annually since the days of the British Raj. Currently, with more comprehensive statistics, the data is compiled by the National Crime Records Bureau (NCRB) under the Union Home Ministry. However, what remain unclear are the dependability of the data, the specific actions taken to control […]

The post Annual Crime Data Report May Not Be All That Dependable first appeared on Latest India news, analysis and reports on IPA Newspack.

Evolving a “core positive agenda”, seat sharing and a programme to hold joint rallies are among the main challenges before the opposition INDIA bloc that will be taken up at its next meeting in the national capital on December 19. “The 4th meeting of the leaders of INDIA parties will be held on Tuesday December […]

The post INDIA Bloc to work on ‘Main Nahin, Hum’ motto first appeared on Latest India news, analysis and reports on IPA Newspack.

Lok Sabha MP from Amroha and Bahujan Samaj Party (BSP) leader Danish Ali, who had been at the receiving end of unsavoury remarks by BJP MP Ramesh Bidhuri in the Parliament, has been suspended from the party for “anti-party activities”. “This is to inform you that Mr Danish Ali B.S.P. Lok Sabha MP from Amroha, […]

The post Danish Ali suspended for ‘anti-party activities’ first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Today, KGI Asia has released its 2024 Global Market Outlook, which covers Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) James Chu, Chairman at KGI Investment Advisory and Kenny Wen, Head of Investment Strategy at KGI Asia The chances of a soft landing in the United States continue to […]

High Interest Rates Set to Impact Residential Prices Through 1H 2024, End-Users to Drive CRE Investment Market 2023 YTD Grade A office net absorption (as of mid-November) was negative at –267,100 sq ft NFA; rents remained under pressure, down 7.2% YTD. The retail market continued its gradual recovery process, with average high street vacancy rates in Q4 dropping further to 8.2%; high street rents increased in a […]

The Global Manufacturing and Industrialisation Summit (GMIS) announced the launch of the Climate Action Initiative, in collaboration with UAE-based venture capital firm, VentureSouq, to catalyse early-stage funding for Climate-tech startups. The announcement was made at the GMIS Special Event held at the UAE Pavilion within the Blue Zone of COP28 to lead talks to decarbonise industries and advance climate action. The Climate Action Initiative aims to create […]

NEW DELHI: Capital markets regulator Sebi is looking to create a new asset class — which lies between mutual funds and portfolio management services (PMS) — and the new product can cater to high-risk investors, its chief Madhabi Puri Buch said on Friday. The Sebi chief said that there is a spectrum of asset classes […]

The post SEBI Considering To Create New Asset Class first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) Friday held interest rates and its monetary policy stance for the fifth consecutive review meeting on moderating price pressures, but signaled that rates will remain elevated to ensure consumer inflation retreats toward the central bank’s legally mandated target. It also bumped up the economic growth forecast for FY24 […]

The post RBI Holds Rates Again, Bumps Up FY24 Growth Forecast To 7 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s economic growth can become faster if the much-awaited private capital formation kicks into higher gear, Chief Economic Advisor V Anantha Nageswaran said on Friday.Nageswaran said that post-COVID financial balance sheets of corporates have been positive.”For economic growth we need to have investment spending … India economic growth can become faster and accelerate if the […]

The post Private Investment Key To Sustaining High Economic Growth Rate: CEA Nageswaran first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Markets need to evolve more mechanisms to reward the States that are managing their fiscal responsibilities prudently, N K Singh, Chairman, 15th Finance Commission,  and President, Institute of Economic Growth, said. Today, the markets don’t really differentiate on the cost of borrowing between a profligate State and a prudent State. There is a […]

The post Markets Need To Find Mechanism To Reward Fiscally-Prudent States: NK Singh first appeared on Latest India news, analysis and reports on IPA Newspack.

James M Dorsey The United Arab Emirates walks a geopolitical tightrope, juggling big power rivalries and mounting regional instability fuelled by the Gaza war.  Putin’s movements beyond the confines of Russia are restricted. Signatories of the Rome Statute that established the International Criminal Court are obliged to arrest Putin against whom the court has issued a Ukraine-related international arrest warrant. Visiting the UAE and Saudi Arabia was a […]

NIIGATA PREFECTURE, JAPAN – Media OutReach Newswire – 8 December 2023 – Niigata Prefecture held the “Niigata Premium Dining’” event in Singapore that is known as a “food capital” for the first time overseas on November 22nd and 23rd, disseminating the stories of Niigata’s high-quality food and the culture, history, and climate behind it. It takes about 70 minutes by bullet train from Tokyo. Niigata Prefecture, a […]

NEW DELHI: India continues to be the fastest-growing major economy, with all sectors contributing significantly, finance minister Nirmala Sitharaman said Thursday. She flagged India’s manufacturing growth, citing India’s mobile phone and passenger vehicle exports. “The second-quarter growth was very high — it is the highest in the world,” Sitharaman said, replying to a short-duration discussion […]

The post Economy Gaining From Manufacturing Boost: Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

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